Stay up to date on your No. 1 source for the latest logistics, freight and transportation news from FreightWaves, your award-winning source for transportation news. Subscribe now.
Ashley Coker (PHOTO: UNITED STATES DEPARTMENT OF AGRICULTURE) While most fleets along the East Coast are focused on keeping equipment and drivers well-equipped to handle winter weather, there’s another threat […]
Trucks and truckers are baking in the extreme Australian summer heat, which is nudging the 122 F (50 C) in certain parts of the country for days at a time. (Photo: Shutterstock).
The numbers that have come out so far are showing few signs that there had been a significant fourth quarter slowdown.
Company looks to link states on peer-to-peer platform.
“The state of the port is busier, cleaner and safer than ever.”
Port’s growing base of automotive and other shippers needs better way to move freight as traffic woes mean Charleston is ‘not as quaint.‘
Hard commodity volumes were mixed, but intermodal and coal are better; pricing is the best in seven years.
The biggest hurdle to making an infrastructure plan work is figuring out how to pay for it. A Washington D.C. think tank says Congress is ready to consider mileage-based user fees.
We look at the top freight markets broken down by flatbed, dry van, and reefer van.
The company moved up its operating ratio targets on the back of a strong performance in the early days of precision railroading.
Maritime 2050 Navigating the Future is the British Government’s new strategy to develop maritime services in the UK. However, there is no new money attached tot he strategy and the aim to become a world leader in digital technology is already trailing many other countries.
One-quarter of carrier respondents to a new survey believe that driver pay will need to approach $100,000 a year before it makes a dent in driver turnover.
In partnership with Reliance Partners …Winter has set in, making it hard for truckers to navigate the snowed-in and slippery roads. Marilena Acevedo from PetroChoice outlines measures that could be taken by the fleet leadership and drivers to stay safe during these times.
SupplyOn, an IT service provider that specializes in intelligent supply chain management solutions for discrete manufacturing in automotive, aerospace, rail, and engineering, has joined the Blockchain in Transport Alliance.
Nova Dynamics is testing DAX the robot in the tiny town of Philomath, population 4,760.
New technology is allowing operators on inland waterways to develop river trains that will transport cargo to and from European sea ports at significantly lower cost. The trains will digitally tethered to a lead vessel which will have an on-board crew.
Walmart looks to recruit 900 more truckers this year; brick-and-mortar stores would not completely go out of fashion; China to overtake the U.S. as the world’s largest retail market.
Financial transactions within the U.S. maritime sector – including vessel loans and project eligibility – are on hold waiting for an end to the government shutdown.
Wheels, a relatively new entrant to the electric scooter-sharing ecosystem has raised an investment of $37 million, which further reinforces the explosive interest shown by investors towards this segment.
Lower WTI prices mean slower pipeline construction and more pressure on crude-by-truck.
Port plans new wharf for container-on-barge service that has been slow to take off elsewhere; container imports show big December jump.
Chinese ecommerce behemoth JD.com is turning delivery schedules up a notch by introducing delivery drones in Indonesia and completing its first “government approved” drone delivery earlier this month.
Trade analysts shared their perspectives on how the Trump administration might deal with South Korea as the U.S. weighs whether to impose auto tariffs.
The Sturgis proved that a floating nuclear power plant was not only possible but practical and safe.
A KPMG webinar described how importers should file post-summary corrections and/or protests to claim refunds under the Craft Beverage Modernization and Tax Reform Act.
Executive Director Mario Cordero says even after a record 2018 the port is hopeful for additional volumes.
Carriers are being delayed at border crossings due to Customs and Border Protection’s inability to confirm online that annual user fee payments were made.
Chris Henry, Program Manager, TCA Profitability Program Recently, Knight-Swift announced a 28% positive revision on their earnings guidance for Q4 2018. Details will be confirmed on January 29th when they […]
It was a great quarter for the railroad with revenue growth in all its product lines and increases in both operating and net income.
Another competitive threat to the incumbents?
FreightWaves is monitoring a number of trends that will impact the freight market in 2019. Digitization will play a key role in these trends as companies seek to optimize their supply chain processes.
Covenant Transport (NASDAQ: CVTI) reported record revenue in the fourth quarter, beating analyst projections by $10.72 million. The company announced $272.3 million in total revenue, a 33.9% increase compared to the fourth quarter of 2017.
Port truck operators could potentially increase their wages by using a new service from NEXT that helps them run shorter runs and return to ports with empty containers. The company just secured $97 million in funding to help it expand.
Last week had the largest single day percentage drop in volume since March of 2018. Capacity remained stable as we ride out the winter doldrums.
Missing USDA data on wheat stockpiles has traders reacting cautiously.
Company posts stellar 2018 results. CEO says prudence is key amid uncertainty.
A glimpse at the ATA Truck Tonnage Index.
More than 16 inches of snow possible in northern Rockies through tonight. Lots of blowing snow, too.
Sponsored by Redwood LogisticsWhile Redwood has moved freight in and out of the Southeast for quite some time, this acquisition provides the company with strong operational presence in the region. This geographical expansion is a key component of Redwood’s overall acquisition strategy.
David Rowan, founder and editor-at-large for Wired UK, will deliver a keynote address on Day Two of the upcoming Transparency19 conference.
On the third day of trade talks at the World Economic Forum in Davos, Switzerland, David Carlyle said the U.S. government shutdown is having an impact on the U.S. economy.
Tight supply of labor, chassis, railcars, and space all contribute to port woes. Autonomous ships coming to Norway by next year.
National Industrial Transportation League panel focuses on ways to reform charges.
The partnership with the women’s soccer team is about more than just paying for uniforms. It’s part of a push to highlight the growing role of women in the historically male-dominated world of freight and beyond.
U.S. exporters may be tempted to prematurely re-engage with three Russian industrial giants reportedly relieved from Treasury sanctions before knowing all the facts.
Freight volumes coming into U.S. remain high in January, but delays and congestions turn trips to major marine terminals into ‘madhouse.’
Autonomous shipping is moving faster than regulators can regulate with the expectation that the first fully autonomous container ship will start operations in Norwegian waters by 2020.
Increasing regulation in the shipping sector could see an increase in the cost of vessel operations, which ultimately could raise the cost of freight.
Theresa May has returned to Parliament with a Plan B that MPs say looks suspiciously like Plan A, ministers and MPs across the party lines are railing against her plan again.
Heavy ice on the Great Lakes last spring got iron ore shipments off to a slow start and a steep dip in coal shipments contributed to lackluster year-end results.
TMS provider brings on chief technology officer; regional parcel carrier hires final-mile president and sales leader.
Ashley Coker (PHOTO: JIM ALLEN/FREIGHTWAVES) In New Prime v. Oliveira, the U.S. Supreme Court issued a ruling that changes the way arbitration agreements will be handled in the trucking industry, […]
Australia’s Heavy Vehicle National Law has been heavily criticised for being too bureaucratic, prescriptive and generally difficult to work with. A major review has been announced.
Heartland continues its strategy of being willing to walk away from revenue if it isn’t profitable and it is showing in the company’s operating ratio.
Ten markets to be added by mid-year, companies say.
Demand for trained workers is growing, but few educators know how to teach the fundamentals of logistics as it is practiced today.
For-hire truck tonnage posted its best yearly growth since 1998, but a decline in ATA’s Index at the end of the year indicated some softening.
FMCSA Administrator Raymond Martinez wanted to “fast track” the HOS rules changes – but the government shutdown is in the way.
Blockchain based supply chain startup Citizens Reserve has partnered with IoT platform Smartrac to assign physical items a digital identity that can be carefully and accurately traced along the supply chain.
America’s freight railroads operate the safest, most affordable, efficient, and environmentally sound rail system in the world.
The combined brokerage expects to do $200 million in revenue this year.
Higher rates to elevate inventory-carrying costs.
Top supply chain trends and Rhode Island collects more in toll revenue than it expected, plus the growing scooter logistics sector and more container checks.
There are numerous reasons why electric trucks may continue to take a backseat when private transportation fleets and for-hire carriers are developing their truck procurement strategies.
A company can now, in effect, integrate all the features one demands in a TMS solution with nVision Global’s other technologies, such as Freight Audit and Payment, Freight Claims, and Business Analytics.
Bridgestone Europe is acquiring TomTom Telematics for €910 million, a definitive step towards bolstering its presence in the “mobility solutions” segment. This acquisition would provide Bridgestone the leverage to up-sell and cross-sell solutions to a broader customer base.
Slowdown headed for U.S. import volumes as largest exporter sees economy weaken ahead of prolonged holiday.
Capacity is as loose as ever, but some freight brokerages told us they don’t trust the market to stay cool.
Commenters recently submitted their requests for provisions in a potential U.S.-United Kingdom free trade agreement.
A company that’s been doing it, a company that says it’s going to be doing it and a company that is being affected by others doing it: that was the theme on three calls about precision railroading.
More than 1 million TEUs will be delivered in 2019 and 2020, according to forecasts.
Many in the industry remain devoted to improving output of quality returns found in diesel.
Customs and Border Protection planned to start enforcing the in-bond changes on Feb. 6, but said the ongoing federal government shutdown forced its delay.
Ashley Coker 2017 DRIVER OF THE YEAR CONTESTS – AWARDS PRESENTATION. PROFESSIONAL TRUCK DRIVER AND BIG G EXPRESS, INC.’S STEPHEN RICHARDSON WAS DEEMED THE 2017 COMPANY DRIVER OF THE YEAR. […]
Playing pass the parcel is fun when you’re a little kid. It’s less so when the parcel is a great big bill that you’re being stiffed with as a side effect of a fight between longshoremen and their employer.
The sun is setting on the Australian shipping register as ship operators abandon the local coastal trading regime. Ship operators are fleeing the flag following the 2012 reforms.
Business and public policy leaders here have long dreamed of a high speed train connecting the so-called Cascadia Innovation Corridor cities: Portland, Seattle and Vancouver, B.C.
Some of the same areas snowed in, iced over last two weekends will be targeted again this week. More bitter cold to follow.
Regulators say a database designed to standardize and simplify training certification for new drivers will be ready on time next year.
By joining BiTA, Daseke will be at the forefront of shaping the development and deployment of blockchain technology in trucking and logistics.
Event in Vancouver to also discuss US trade policy, China dispute.
Lattice materials can be used to manufacture stronger yet lighter objects through the technique of additive manufacturing. A good place to start would be the automobile industry, which could do well with reducing its dead weight for improved fuel efficiency.
Ice, wind, heavy snow made for a bad weekend across Midwest, Northeast over the weekend. Storm-related transportation delays, deaths.
VAYAVISION’s new software is an autonomous vehicle environmental perception engine that fuses raw sensor data together with AI tools to create an accurate 3D environmental model of the area around the self-driving vehicle.
Fuel prices overall likely to rise as shipping becomes bigger customer of global diesel market, but refineries are stepping up production.
Analysis shows that the ongoing shutdown is impacting trade functions across the federal government.
U.S. exporters wait for official announcement from OFAC for guidance on how to proceed.
Relief is expected when volumes dip after Lunar New Year, which begins Feb. 5.
The plan has reignited a debate about highway versus transit investment in Portland, a city that 45 years ago famously redirected money intended for a new freeway into the nation’s first light rail project.
Philadelphia Fed manufacturing data shows strength in January.
Since Maersk acquired Hamburg Süd in 2017, it is focusing on the container liner business.
The European Commission submitted its proposal to the United Nations on Friday.
Net earnings for 2018 totaled $490 million, down from $686 million in 2017.
Chris Henry, Program Manager, TCA Profitability Program (PHOTO: SHUTTERSTOCK) Recently, during a conversation with a TPP Best Practice Group member, he relayed his initial motivation for applying to the program. […]
$2 billion in capex over the next ten years will nearly double Savannah’s container traffic to 8 million TEUs annually.
Ben Murphy spent his life using data and technology to push trucking—the industry he loved—into the future.
Shipping trends of 2019 are requiring established freight carriers to evolve their operational models. UPS is developing more super-hubs to facilitate growth through handling more high margin shipments.
How can air cargo and dry van spot market rates be related? Could the movement of these two seemingly unrelated rates provide more evidence the market is slowing?
The EIA becomes one of the first major forecasters to put a price per gallon estimate on what is going to happen to diesel prices when the new rule kicks in.
Class 8 truck orders dropped dramatically in both November and December, with orders dropping below deliveries in December.
